HomeMy WebLinkAboutCC Res 3786 1988-05-17
WHEREAS,
WHEREAS,
WHEREAS,
WHEREAS,
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RESOLUTION NUMBER .J191n
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF SEAL BEACH, CALIFORNIA PROVIDING
AUTHORIZATION TO SIGN DEMANDS AND CHECKS FOR
THE WITHDRAWAL OF FUNDS ON DEPOSIT WITH THE
BANK OF AMERICA, SECURITY PACIFIC NATIONAL
BANK, CROCKER BANK AND FIRST INTERSTATE BANK;
AND AUTHORIZING ALTERNATE SIGNATURES AND
RESCINDING RESOLUTION NUMBER 3695
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there are certain funds of the City of Seal Beach on
deposit with the Bank of America, Security Pacific
National Bank, Crocker Bank and First Interstate Bank;
and
it is desirable to protect the funds of the City of
Seal Beach from unauthorized disbursement through the
use of fraudulent signatures; and
is the duly elected Mayor of the
City of Seal Beach; Robert Nelson is duly appointed
Finance Officer of the City of Seal Beach; Denis Thomas
is the Finance Officer's Financial Designee, combining
duties of the City Treasurer with those of Finance
Director; and
it is desirable to appoint alternate signatories for
the City's Financial Officers Robert Nelson and Denis
Thomas 'during periods of concurrent absence.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SEAL BEACH DOES
HEREBY RESOLVE:
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Section I:
Section 2.
Section 3.
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That the signatures of , Robert
Nelson and Denis Thomas shall be the signatures
requi~ed on all demands, checks and drafts of the
City of Seal Beach addressed to the Bank of
America, Security Pacific National Bank, Crocker
Bank and First Interstate Bank, authorizing the
withdrawal of funds of the City of Seal Beach on
deposit with said bank, and said persons as
authorized and directed to sign such documents and
signatures cards as may be required by said banks
in order that said banks are authorized to honor
demands and checks and drafts of the City of Seal
Beach for the withdrawal of funds on deposit in
said banks.
That any demands, checks or drafts of the City of
Seal Beach addressed to said banks upon which the
personal signatures of Robert Nelson and Denis
Thomas appear, the signature of
may also appear thereon by a rubber stamp
facsimile of the signature of
said bank be authorized to pay demands and
so signed regardless of by whom or by what
tbe facsimile signature of
have been affixed.
and
drafts
means
may
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That in lieu of three personal signatures
appearing upon any demands, checks or drafts for
the City of Seal Beach, one authorized original
signature shall be affixed and a facsimile
signature plate may be utilized bearing the
reproduction of no more than two of the
appropriate signatures hereinbefore authorized.
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Resolution Number ..J;1;'6
BE IT FURTHER RESOLVED that during periods of concurrent absence
incurred by Robert Nelson and Denis Thomas, the signatures of
Daniel P. Joseph, Assistant City Manager, and Michael Zaharas,
Assistant Finance Director, shall be authorized to appear on the
instruments described above.
Section 4.
Resolution No. 3695 is hereby rescinded.
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Sec tion 5.
The City Clerk shall certify to the passage and
adoption of this resolution and is authorized and
directed to deliver to said Bank of America,
Security Pacific National Bank, Crocker Bank and
First Interstate Bank, a certified copy thereof.
P
S
Councilmember
AYES:
NOES:
Councilmembers
ABSENT:
Councilmembers
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ATTEST:
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF SEAL BEACH )
I, Joanne, M. Yeo, City Clerk of Seal Beach, California, do
hereby certify that the f?~egoing resolution is the original copy
of Resolution Number _a:1JjJ~ on file in the office of the City
Clerk, passed, appr V~d adopted by the City Council of the
CitJ~ Seal Beach a regular meeting thereof held on the
~ day of , 1988.
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